Posts Tagged
‘ASC 842’

Problem When the new lease standard was announced, the client’s first inclination was to use Excel, a cheap and easy option. But early on it became clear that using spreadsheets to implement the new standard wasn’t feasible. The client began…

Sep 23, 2019

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Lease Accounting Software Demo Using Excel to manage the ongoing compliance with ASC 842 is RISKY! Not only is Excel a risky method, but it can also be incredibly time consuming when it comes to complying with the new standard….

Sep 09, 2019

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It’s been over a year since FASB issued its new standard on accounting for leases (ASC 842). Most recently the standard was implemented for publicly traded companies. Many of these companies found the implementation to be much more involved than…

May 09, 2019

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Private companies will now need to implement ASC 842 in less than 12-months. ASC 842 was recently implemented for publicly traded companies. Many of these companies found the implementation to be much more involved than they originally expected and as…

Mar 20, 2019

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Business Situation: The client is a U.S. public corporation that deals with manufacturing for commercial, industrial, aerospace and defense markets. The required implementation date for the new lease accounting standard (ASC 842) is rapidly approaching for all publicly traded companies…

Oct 18, 2018

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  If your business is affected by the new lease accounting standard, then this guide will help provide you a supplemental framework so you can stay informed, plan ahead, and set your organization up for continued success and a smooth…

Aug 09, 2018

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